24156 Joshua DrSanta ClaritaCA91354
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 24156 Joshua Dr, Santa Clarita, CA, 91354 in Santa Clarita is narrow, $146/mo net on $5,124/mo rent after the $3,372/mo debt service, but the property operates at break-even-plus, not a loss. At $749,800 with a 8.2% yield, the long-run equity case via 5% appreciation ($207,156 over five years) and $6,906/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.52 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $315,539.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.5% |
| Monthly Cash Flow | $146 | $1,500 |
City averages based on Santa Clarita market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,124 |
| Total Monthly Debt Service | $4,340 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2004
7.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91354, Valencia, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,500 (100%) |
| Owner Occupied HU | 8,569 (74.5%) |
| Renter Occupied HU | 2,724 (23.7%) |
| Vacant Housing Units | 207 ( 1.8%) |
| Median Home Value | $845,111 |
| Average Home Value | $891,891 |
Housing Distribution
Address Breakdown
Residential
11,286
Single Family
9,842
Multi-Family
1,444
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Condo
Built in 2004
7.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91354, Valencia, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,500 (100%) |
| Owner Occupied HU | 8,569 (74.5%) |
| Renter Occupied HU | 2,724 (23.7%) |
| Vacant Housing Units | 207 ( 1.8%) |
| Median Home Value | $845,111 |
| Average Home Value | $891,891 |
Housing Distribution
Address Breakdown
Residential
11,286
Single Family
9,842
Multi-Family
1,444
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Craig Martin • Pinnacle Estate Properties, Inc.
Mls Name: CRMLS
Mls ID: #SR26016765